Over the past five years, much has been written on the topic of talent management and the importance of implementing an effective talent management program to retain and develop a workforce capable of meeting the challenges of an evolving economy. Talent management no longer means simply hiring the most likely candidates to fill job openings. Human resource organizations are still integral to the talent management solution, but effective supply management organizations are starting to consider talent management to be a viable business strategy. During a recent CAPS Research event for Fortune 500 chief procurement officers, two of the world's leading experts on supply management research — Phillip L. Carter, DBA and Robert M. Monczka, Ph.D. — identified specific megatrends that are impacting supply/value chain strategies in this changing decade.

Learning Objectives:

• Key issues and trends surrounding talent management
• New strategies and techniques to tackle Talent Management issues
• Talent management as a viable business strategy in a shifting global landscape

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